UPS Mulls Fundamental Shifts To Adapt To Economic Realities

Discussion in 'The Latest UPS Headlines' started by cheryl, Jul 23, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    UPS Mulls Fundamental Shifts To Adapt To Economic Realities - Smart Money

    "We've established short-, medium- and long-term initiatives to identify actions and fundamental changes we can take to address the impact of our current economic realties," Kurt Kuehn, UPS's chief, said during a conference call to discuss second-quarter results.

    While UPS executives laid out few details, the blueprint for change represents the latest example of the extensive steps many companies are forced to take to adapt to the dramatic escalation in fuel costs and the continued deterioration in the global economic scenario.